Common use of State Takeover Statutes; Charter Waiver Clause in Contracts

State Takeover Statutes; Charter Waiver. CPA16 has taken all action necessary to exempt the transactions contemplated by this Agreement from operation of any “fair price,” “business combination,” “moratorium,” “control share acquisition” or any other anti-takeover statute or similar statute enacted under federal or state Laws of the United States or similar statute or regulation (a “Takeover Statute”). CPA16 and the CPA16 Board of Directors have taken all appropriate and necessary actions to waive or remove, or to exempt X. X. Xxxxx and Merger Sub and their beneficial owners from triggering, any and all limitations on ownership of CPA16 Common Stock contained in the CPA16 Charter or CPA16 Bylaws by reason of the Merger and the other transactions contemplated by this Agreement.

State Takeover Statutes; Charter Waiver. CPA16 CPA14 has taken all action necessary to exempt the transactions contemplated by this Agreement from operation of any “fair price,” “business combination,” “moratorium,” “control share acquisition” or any other anti-takeover statute or similar statute enacted under federal or state Laws of the United States or similar statute or regulation (a “Takeover Statute”). CPA16 CPA14 and the CPA16 CPA14 Board of Directors have taken all appropriate and necessary actions to waive or remove, or to exempt X. X. Xxxxx CPA16 and Merger Sub and their beneficial owners from triggering, any and all limitations on ownership of CPA16 CPA14 Common Stock contained in the CPA16 CPA14 Charter or CPA16 CPA14 Bylaws by reason of the Merger and the other transactions contemplated by this Agreement.

State Takeover Statutes; Charter Waiver. CPA16 CPA18 has taken all action necessary to exempt the transactions contemplated by this Agreement from operation of any “"fair price,” “" "business combination,” “" "moratorium,” “" "control share acquisition” " or any other anti-takeover statute or similar statute enacted under federal or state Laws of the United States or similar statute or regulation (a “"Takeover Statute”"). CPA16 CPA18 and the CPA16 CPA18 Board of Directors have taken all appropriate and necessary actions to waive or remove, or to exempt X. W. X. Xxxxx and Merger Sub and their beneficial owners from triggering, any and all limitations on ownership of CPA16 CPA18 Common Stock contained in the CPA16 CPA18 Charter or CPA16 CPA18 Bylaws by reason of the Merger and the other transactions contemplated by this Agreement.

State Takeover Statutes; Charter Waiver. CPA16 CPA17 has taken all action necessary to exempt the transactions contemplated by this Agreement from operation of any “fair price,” “business combination,” “moratorium,” “control share acquisition” or any other anti-takeover statute or similar statute enacted under federal or state Laws of the United States or similar statute or regulation (a “Takeover Statute”). CPA16 CPA17 and the CPA16 CPA17 Board of Directors have taken all appropriate and necessary actions to waive or remove, or to exempt X. X. Xxxxx and Merger Sub and their beneficial owners from triggering, any and all limitations on ownership of CPA16 CPA17 Common Stock contained in the CPA16 CPA17 Charter or CPA16 CPA17 Bylaws by reason of the Merger and the other transactions contemplated by this Agreement.